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24 September 2010

Suzlon Energy’s wind installations in India hit 5GW

India’s largest turbine manufacturer Suzlon Energy has installed more than 5GW of wind energy generating capacity in India, underlining the country’s fast-growing domestic market.

24 September 2010

Port development essential to furthering UK’s offshore wind

Developing ports capable of serving the UK’s growing offshore wind industry are essential to its further development, an industry expert told NewNet.

24 September 2010

Finance the main barrier to UK renewables deployment, says engineer

The main barrier to large-scale deployment of clean energy sources in the UK is obtaining finance, according to a major engineering group.

24 September 2010

Green coalition warns government not to slash renewable subsidies

Following rumours that the UK government plans to cut subsidies for green electricity and heating as part of its imminent spending review, a coalition of environmental and housing groups has warned UK Energy Secretary Chris Huhne that making such cuts would jeopardise job creation, energy security and greenhouse gas targets.

24 September 2010

UK advisory body recommends Carbon Reduction Commitment redesign

The Committee on Climate Change (CCC) has made a recommendation to the UK government to re-design the recently-introduced Carbon Reduction Commitment (CRC) energy efficiency scheme in order to reduce its complexity before starting its second phase, which will last from 2013 to 2017.

24 September 2010

GE, Better Place partner to spur electric vehicle deployment

General Electric (GE) and electric vehicle infrastructure company Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure.

23 September 2010

Private equity firm Pegasus advises on establishing green bank in US

US private equity firm Pegasus Capital Advisors is rumoured to be helping to set up a bank that would finance carbon reduction.

23 September 2010

Scotland raises renewables targets as UK wind hits 5GW

The amount of wind power installed in the UK has broken the 5GW barrier through the commissioning of Fred Olsen Renewables’ Crystal Rig and Vattenfall’s 300MW Thanet Offshore wind farm, the biggest in the world.

23 September 2010

Gevo acquires US ethanol facility to retrofit for isobutanol production

Privately-held renewable chemicals and advanced biofuels company Gevo has closed its acquisition of Agri-Energy’s ethanol production facility in Minnesota, US, which it plans to refit for the production of renewable isobutanol.

23 September 2010

Pharmaceuticals company opens New Jersey’s largest solar panel array

The US state of New Jersey’s largest solar panel array is due to be inaugurated today at the Janssen division of Dutch pharmaceuticals company Ortho-McNeil-Janssen.

23 September 2010

SolarWorld Americas unveils solar project financing options

SolarWorld Americas, the sales and marketing arm of US solar panel manufacturer SolarWorld, has unveiled a suite of ‘no-money-down’ financing options for authorised installers that it claims can accelerate initial cost hurdles and provide savings.

23 September 2010

E.ON sees vast growth in renewables profit, joins CPLI

Energy utility E.ON said it will grow operating profit from its renewables unit by more than two-thirds in 2010, according to reports.

23 September 2010

Carmanah secures $1.1m Coast Guard orders for solar LED lanterns

Energy efficiency company Carmanah Technologies has received orders totalling over $1.1m in recent weeks from the US Coast Guard for its solar LED marine lanterns as part of the organisation’s seasonal stock-up.

23 September 2010

DuPont expects $1bn solar sales in 2010

Electronics and materials major DuPont said it expected to reach annual revenues of $1bn from sales into the photovoltaic market in 2010, a year ahead of its target.

23 September 2010

Ingenious Solar affiliates plan £30m share offering

Ingenious Solar UK VCT1 and sister company Ingenious Solar UK VCT2 will look to raise up to £30m through a public share offering in order to invest in companies operating in the UK solar energy market.

23 September 2010

Iberdrola Renewables consortium aims to integrate wind to US Pacific Northwest grid

Iberdrola Renewables, the Bonneville Power Administration (BPA), Constellation Energy Control & Dispatch and software provider Versify Solutions have launched a pilot programme to connect more wind power to the US Pacific Northwest’s electricity grid.

23 September 2010

IHS acquires two environmental compliance companies

Information company IHS has acquired two environmental health and safety information companies, Atrion International and Syntex Management Systems, for a combined price of $80m.

23 September 2010

Global wind energy capacity to near 200GW by year end

The world’s installed wind capacity will reach close to 200GW by the end of the year, the Global Wind Energy Council said.

23 September 2010

Triple Point Investment launches £100m fund to target UK solar market

Triple Point Investment Management has launched an income fund that will target the UK solar sector and is seeking to raise £100m from institutional and high-net worth investors.

23 September 2010

Solar Impulse completes first flight across Switzerland

Bertrand Piccard’s and André Borschberg’s Solar Impulse HB-SIA has completed its first flight across Switzerland powered solely by solar energy and plans to undertake its first international flight in 2011.

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